Alaskan conference to highlight past and future
A conference designed to focus on both the past and future of the mineral industry will be held Sept. 9-13 at the Carlson Center in Fairbanks, Alaska.Entitled “International Symposium on Mining” and c…
News
STOCK MARKETS — Gold stocks slammed by troubled bullion market — Gold sale Down Under gives investors the jitters
While the Toronto Stock Exchange continued to set records over the report period July 2-8, the TSE’s gold and precious minerals sub-group, wounded by the meltdown in the gold market, lurched to an ind…
Geophysical conference attracts international audience
More than 80 presentations will be made at a conference on geophysical and geochemical exploration technology scheduled for Sept. 14-18 at the Metro Toronto Convention Centre.Entitled “Exploration ’97…
COMMENTARY –Reserve and resource estimation, Part 2
When considering investing in junior mining stocks, potential backers are strongly advised to query mining promoters and company officials on the calculation of reserve estimates. Among the questions …
Mining companies urged to note differences in laws
Failure by mining companies to understand the differences between anglophone and francophone legal systems in Africa countries can prove costly, according to a study by Price Waterhouse.African countr…
METAL PRICES — Daily Metal Prices (July 14, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 8July 7July 4July 3July…
DIAMOND NEWS ROUNDUP — Diavik JV releases results
Joint-Venture partners Diavik Diamond Mines and Aber Resources (ABZ-T) have released preliminary results from a program that involved the drilling of 11 large-diameter holes at their Diavik diamond pr…
Anvil Range to fund stripping
Anvil Range Mining (ARO-T) has entered into an agreement that paves the way for a stripping program at its Grum deposit in the Yukon.The company has reached an agreement-in-principle for a $15-Million…
MOST ACTIVE ISSUES (July 14, 1997)
ExchgVol(000s)ClosePlacer DomeT1301920.10Barrick GoldT…
Iscor looks to S.E. Asia
A unit of Iscor, a major South African steel and mining company, plans to acquire 2.4 million shares of Omax Resources (OXR-V).The purchase is part of Iscor’s strategy to grow by taking on internation…
TSE INDICES (July 14, 1997)
1997July 8July 7July 4July 3July 2HighLowComposit…
TSE SHORTS (July 14, 1997)
Short positions outstanding at June 30, 1997Larger individual positions included: Abacan Resources 139,603, down 128,097; Antares Mining & Expl 158,400; Ariel Resources 67,170, up 67, 170; Asia Pacifi…